Tata Motors Ltd (TAMO.NS)
26 Aug 2016
MUMBAI/NEW DELHI Foreign exchange losses after Britain's decision to leave the European Union and higher expenses offset strong sales growth at India's Tata Motors, more than halving its net profit in the April-June quarter.
* Tata Motors CFO says monitoring, assessing UK, EU markets (Adds executive comments, result details)
* JLR operating margin for Q1 at 12.3 percent compared with 16.4 percent in year ago quarter
The BSE Sensex posted its worst week since early May on Friday, as investors stayed on the sidelines ahead a speech by U.S. Federal Reserve Chair Janet Yellen in Jackson Hole, Wyoming later in the day.
NEW DELHI, Aug 26 India's Tata Motors Ltd on Friday posted a 57 percent fall in quarterly net profit, missing estimates, as foreign exchange losses after Britain's decision to leave the European Union offset higher sales at its luxury unit Jaguar Land Rover.
Aug 26 India's benchmark BSE index inched lower on Friday, heading for its worst week since early May, as investors stayed on the sidelines ahead a speech by U.S. Federal Reserve Chair Janet Yellen in Jackson Hole, Wyoming later in the day.
Aug 22 Following are the details of deals in Indian Commercial Papers reported on Clearcorp F-TRAC Platform. ISIN DESCRIPTION MATURITY WTG AVG WTG AVG NO OF TRADED LAST TRADED DATE PRICE YLD% TRADES VALUE* PRICE YIELD ============ ============ ======== ======= ======= ====== ===== =============== INE738C14CH7 BHARAT ALUMINIUM 91D 24-Aug-16 99.9617 7.0000 1 150 99.9617 7.0
- Note: Reuters has not verified this story and does not vouch for its accuracy
NEW DELHI, Aug 12 India's Supreme Court handed a reprieve to the auto industry on Friday, ruling that new diesel vehicles can be allowed on the streets of the national capital as long as a 1 percent "green" tax is paid.
** Shares of Indian carmaker Tata Motors Ltd up as much as 1.4 pct